| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SNAP | Class A Common Stock | Gift | $0 | -44.7K | -0.07% | $0.00 | 68.6M | Sep 5, 2023 | Direct | F1, F2 |
| holding | SNAP | Class A Common Stock | 5.31M | Sep 5, 2023 | By Trust | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents a charitable gift by the reporting person. |
| F2 | The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2023. |
| F3 | Shares held by an irrevocable trust over which the reporting person acts as trustee and has voting power, but has no financial interest. The beneficiaries of the irrevocable trust are not immediate family members of the reporting person. |